C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)‘s stock had its “buy” rating reissued by stock analysts at KeyCorp in a research report issued on Thursday. They presently have a $85.00 target price on the transportation company’s stock. KeyCorp’s price objective would indicate a potential upside of 10.13% from the stock’s current price.

A number of other research analysts also recently weighed in on the company. Bank of America Corporation raised C.H. Robinson Worldwide from an “underperform” rating to a “buy” rating and upped their price target for the stock from $70.00 to $86.00 in a research note on Tuesday. Stephens raised C.H. Robinson Worldwide from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $73.00 to $90.00 in a research note on Wednesday, August 30th. Deutsche Bank AG lowered their price objective on C.H. Robinson Worldwide from $75.00 to $60.00 and set a “hold” rating for the company in a research note on Friday, July 21st. UBS AG raised C.H. Robinson Worldwide from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $65.00 to $75.00 in a research note on Tuesday, September 5th. Finally, BidaskClub downgraded C.H. Robinson Worldwide from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $74.31.

C.H. Robinson Worldwide (CHRW) traded up 0.63% on Thursday, hitting $77.18. The company had a trading volume of 1,054,048 shares. The company has a market capitalization of $10.83 billion, a P/E ratio of 22.63 and a beta of 0.42. C.H. Robinson Worldwide has a one year low of $63.41 and a one year high of $81.16. The stock’s 50-day moving average price is $73.18 and its 200 day moving average price is $70.70.

C.H. Robinson Worldwide (NASDAQ:CHRW) last posted its quarterly earnings results on Wednesday, July 19th. The transportation company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.12). C.H. Robinson Worldwide had a return on equity of 37.41% and a net margin of 3.49%. The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.63 billion. During the same period last year, the company posted $1.00 earnings per share. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. On average, analysts expect that C.H. Robinson Worldwide will post $3.27 EPS for the current fiscal year.

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In other news, VP Angela K. Freeman sold 1,200 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total value of $82,464.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.85% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of the company. QS Investors LLC boosted its holdings in shares of C.H. Robinson Worldwide by 0.3% in the second quarter. QS Investors LLC now owns 5,793 shares of the transportation company’s stock worth $398,000 after acquiring an additional 17 shares during the period. Dynamic Advisors Solutions LLC boosted its holdings in shares of C.H. Robinson Worldwide by 0.4% in the second quarter. Dynamic Advisors Solutions LLC now owns 8,222 shares of the transportation company’s stock worth $565,000 after acquiring an additional 35 shares during the period. Sentry Investment Management LLC boosted its holdings in shares of C.H. Robinson Worldwide by 0.6% in the second quarter. Sentry Investment Management LLC now owns 6,057 shares of the transportation company’s stock worth $416,000 after acquiring an additional 39 shares during the period. New Amsterdam Partners LLC NY boosted its holdings in shares of C.H. Robinson Worldwide by 0.7% in the second quarter. New Amsterdam Partners LLC NY now owns 5,844 shares of the transportation company’s stock worth $401,000 after acquiring an additional 40 shares during the period. Finally, Lincoln Capital LLC boosted its holdings in shares of C.H. Robinson Worldwide by 0.5% in the second quarter. Lincoln Capital LLC now owns 10,085 shares of the transportation company’s stock worth $693,000 after acquiring an additional 49 shares during the period. 90.10% of the stock is owned by hedge funds and other institutional investors.

C.H. Robinson Worldwide Company Profile

C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.

Analyst Recommendations for C.H. Robinson Worldwide (NASDAQ:CHRW)

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